Iran has managed to sell only modest volumes of oil to Europe since the lifting of sanctions seven weeks ago and several former buyers are staying away, citing legal complications and Tehran's reluctance to sweeten terms to win back custom
Algeria's overall energy export volumes dropped in the first nine months of 2015, declining 2.8 percent due to a fall in output and a sharp rise in domestic consumption, the energy ministry said.
Hard-currency bond sales by Middle Eastern and African companies will reach a record high in 2016, but overall Eurobond issuance by emerging market governments and companies is likely to shrink from this year's levels, JPMorgan predicts.
LPG volumes traded outside of term agreements in the Mideast Gulf are on track to double this year compared with last year, as increasing production from Qatar and North America gives consumers across Asia-Pacific the option to secure more spo
Dubai Gold and Commodities Exchange (DGCX) has registered a 11 per cent growth in year-to-date volumes, with ore than 7. 5 million contracts.
The exchange also recorded the highest average monthly open in
Cargo volumes at the Al Maktoum International at Dubai World Central has continued to rise sharply in the first three months of the year, propelling the airport into the world’s 20 busiest international cargo hubs for the first time.
The Middle East is set to be the fastest growing region between 2014 and 2018 for air cargo an annual growth rate of 4.7 per cent, according to the International Air Transport Association (Iata) Airline Industry Forecast 2014-2018.
The Dubai Gold and Commodities Exchange (DGCX) has recorded a 24 per cent growth in May as compared to the previous month, aggregating more than one million contract at $31.5 billion.
The currency segment was t
Trading volumes on the Dubai Gold and Commodities Exchange (DGCX) in the first half of the year registered a year-on-year growth of 101 per cent, reaching 7.71 million contracts valued at $268.85 billion.
The significant increase
March volumes on the Dubai Gold and Commodities Exchange (DGCX) almost doubled from last year, pushing first quarter contract volumes past three million, marking an increase of 112 per cent from the same period last year.